SPDR Gold Trust

GLD tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults.

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Invesco DB Gold Fund

SPDR Gold MiniShares Trust

iShares Gold Trust

VanEck Merk Gold Trust

Aberdeen Standard Gold ETF Trust

ProShares Ultra Gold

Gold is 0.5% lower this morning, as it is trading closer to the $1,800 price level. What about the other precious metals?

Daily Gold News: Thursday, June 30 – Gold Price Gets Closer to $1,800 Level

The major central banks are going to have to front-load the rate hikes, which means gold is going to have a hard time attracting new buyers.

Price of Gold Fundamental Daily Forecast – Weaker Amid Aggressive Central Bank Tightening Expectations

Gold futures posted a third straight session loss on Wednesday, with prices settling at their lowest in just over two weeks. Strength in the U.S. dollar pressured prices for the precious metal after comments from Federal Reserve Chairman Jerome Powell suggested that the central bank will continue to tightening monetary policy.

Gold prices tally a third straight session loss

DB Gold Double Long ETN

iShares Gold Strategy ETF

Global X Silver Miners ETF

Amplify Junior Silver Miners ETF

Aberdeen Standard Physical Silver Shares ETF

iShares Silver Trust

iShares MSCI Global Silver Miners ETF

(Kitco News) - Gold and silver prices are steady to slightly lower in midday U.S. trading Wednesday. A rally in the U.S. dollar index at mid-week kept the precious metals bulls at bay. August gold futures were last down $1.20 at $1,819.90. July Comex silver futures were last down $0.136 at $20.67 an ounce.

Gold, silver bulls squelched by firmer U.S. dollar

Gold markets have tried to rally on Wednesday but continue to give up early gains. This continues to be a “fade the rallies” type of market.

Gold Price Forecast – Gold Markets Continue to Give Up Their Early Gains

United States Brent Oil Fund LP

Bank of Montreal - MicroSectors U.S. Big Oil Index 3X Leveraged ETNs

iShares 20+ Year Treasury Bond ETF

ProShares UltraPro Short 20+ Year Treasury

Direxion Daily Dow Jones Internet Bear 3X Shares

While Wall Street has been beaten down massively this year, some inverse/leveraged ETFs gained superbly.

4 Inverse/Leveraged ETFs of 2022 Up At Least 100%

United-Guardian

Gold traded higher on Wednesday following a batch of inflation data out of Europe that analysts said could push the European Central Bank to act more aggressively.

Gold rises as European inflation data undermines dollar

(Kitco News) - Weaker-than-expected consumption continues to take its toll on the U.S. economy, which contracted more than expected in the first quarter.

Gold prices trading near session highs as U.S. Q1 GDP drops 1.6%

(Kitco News) - Gold and silver prices are a bit firmer in early U.S. trading Wednesday, on corrective rebounds from recent selling pressure.

Gold price sees modest rebound with Fed, ECB BOE, central bankers on deck

Gold is 0.3% higher this morning, as it is trading along the $1,825 price level. What about the other precious metals?

Daily Gold News: Wednesday, June 29 – Still No Clear Direction

(Kitco News) - U.S. investment bank Goldman Sachs has recently raised its year-end 2022. The gold price target is now $2500/oz, signaling a strong 2022 after gold prices ended 2021 down approximately 4%. In the report, the bank noted, that the coming year could bring increased concerns of a US recession, which would lead to higher gold prices.

Goldman Sachs raises its gold price forecast

Early in the session, capping gains are a stronger U.S. Dollar. However, limiting losses was a dip in U.S. Treasury yields.

Gold Price Futures (GC) Technical Analysis – Struggling to Find Buyers Ahead of US Final GDP Report

(Kitco News) - Gold (-0.19%) and silver (-0.22%) are both trading lower heading into the European open. In the rest of the commodities complex, copper (-0.35) and spot WTI (-0.60%) are both trading in the red.

Gold and silver fall ahead of the European open

AGFiQ U.S. Market Neutral Anti-Beta Fund

Invesco DB Commodity Index Tracking Fund

iShares MSCI China ETF

Simplify Interest Rate Hedge ETF

Invesco Dynamic Energy Exploration & Production ETF

FolioBeyond Rising Rates ETF

Elements Rogers International Commodity Index-Energy Total Return ETN

United States Oil Fund LP

iPath S&P 500 VIX Short-Term Futures ETN Class A

The year, so far, has been caught up with high inflationary pressure across the world due to supply-chain issues, the Russia-Ukraine war, high energy prices, a commodity super-cycle, a super-hawkish Fed.

Gold settles at its lowest price in nearly 2 weeks

(Kitco News) - Gold is stuck between an aggressive Federal Reserve and fears of entrenched inflation, said Standard Chartered, projecting that the precious metal will go back to tracking the real yields closely for the rest of 2022.

Gold price to revert to tracking real yields for the rest of 2022 – Standard Chartered

(Kitco News) - Gold and silver prices are weaker in midday U.S. trading Tuesday. The safe-haven metals are being pinched by a solid rally in the U.S. dollar index today and rising U.S. Treasury yields early this week.

Gold, silver weaker as USDX rallies, bond yields rise

Gold markets have gone back and forth during the trading session on Tuesday, essentially going nowhere. As long as interest rates in the United States continue to rise, it works against the value of gold.

Gold Price Forecast – Gold Markets Have a Quiet Tuesday

(Kitco News) - Disappointing consumer confidence is not having much impact the gold market as prices trade near session lows because of technical selling pressure.

Gold prices trading near session lows as U.S. Consumer Confidences falls to 98.7

(Kitco News) - Gold and silver prices are not trading far from unchanged in quieter summertime trading early Tuesday. Traders are awaiting new fundamental drivers for daily price action.

Steady price action in gold, silver; fresh inputs awaited

Gold prices inched higher on Tuesday, but remained mired in a range between $1,800 and $1,880 — a range that has held since mid-May.

Gold, silver inch higher but remain stuck in range

ECB President Christine Lagarde spoke and the Euro fell, boosting the dollar index, and capping gold prices.

Price of Gold Fundamental Daily Forecast – Gains Capped as Dollar Firms on Dovish Lagarde Comments

Gold is virtually flat this morning, as it is trading below the $1,825 price level. What about the other precious metals?

Daily Gold News: Tuesday, June 28 – Gold Price Remains Close to Short-Term Local Lows

(Kitco News) - Gold is trading 0.34% higher leading into the European open. Silver is also having a good start and is nearly 1% in the black. Elsewhere in the commodities complex, copper (1.63%) and spot WTI (1.19%) are both trading well.

Gold and silver trade higher leading into the European open

U.S. Treasury yields were higher as traders assessed the prospect of central banks implementing more interest rate hikes to curb soaring inflation.

News for SPDR Gold Trust ETF (GLD)